Tuesday, November 11, 2014

Change: Target number of Obamacare sign-ups trimmed by 30%...

The new target is 9.1 million by the end of next year. They won't hit that goal. We shook up the American healthcare and insurance market for this?

WASHINGTON — The Obama administration on Monday offered a surprisingly modest
estimate of the number of people who would sign up for health insurance in the second round of open enrollment, which begins on Saturday.

Sylvia
Mathews Burwell, the secretary of health and human services, said she
was working on the assumption that a total of 9.1 million people would
have such coverage at the end of next year.

By
contrast, the Congressional Budget Office had estimated that 13 million
people would be enrolled next year, with the total rising to 24 million
in 2016. In the past, the White House has used the budget office
numbers as a benchmark for success under the Affordable Care Act.

The new estimate appeared to be part of an effort by federal officials
to lower public expectations, so the goal would be easier to meet and to
surpass. In addition, the new number could indicate that administration
officials believe it will be difficult to find and enroll many of the
uninsured while retaining those who signed up in the last year.